2 months on rocket

175 Santa Rosa Ave, Oakland, CA, 94610

$8,350,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1967
HeatingElectric, Wall Furnace
CoolingNone
MLS #41076507
Lot Size0.44 Acres
StatusActive

About 175 Santa Rosa Ave

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Property Details

Property Features

Property Information:

  • Year Built: 1967

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North on Oakland Ave Cross Street: Oakland Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,350,000

Tax Information:

  • Annual Amount: $77,743
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

175 Santa Rosa Ave vs Oakland

66 DAYS ON ROCKET

+24 Days

$8,350,000

+$7.5M More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41076507

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Timothy Warren

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2000Home Sold
$3,300,000
Apr 17, 1998Home Sold
$2,100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$77,743$4,584,509
2020$77,743$4,523,772
2019$71,011$4,435,088
2018$67,213$4,348,147
2017$67,213$4,262,914

History based on county public records data.

Payment Calculator

$41.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1018526
8
/10
  • Beach Elementary School

  • 100 Lake Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-1018527
3
/10
  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-1018528
9
/10
  • Wildwood Elementary School

  • 301 Wildwood Ave

  • 0.84 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,415. Most Oakland, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 175 Santa Rosa Ave

What is the listing price of this property?

The listing price of 175 Santa Rosa Ave property is $8,350,000.

What type of property is this?

The property 175 Santa Rosa Ave is a house located in Oakland, California, 94610.

Is this property for sale now?

Active Listing: 175 Santa Rosa Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $77,743 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 1, 2000 for $3,300,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 175 Santa Rosa Ave is 1967.
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Rocket HomesCaliforniaAlameda CountyOakland94610175 Santa Rosa Ave

This home is located at 175 Santa Rosa Ave in Oakland, CA and zip code 94610 in the Grand Lake neighborhood. This home, which was built in 1967, sits on a 0.44 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $8,350,000.

While more than 122 listings in Oakland, CA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 59 were sold below. The inventory of homes for sale in Oakland, CA between October 2024 and November 2024 decreased by 12.3%. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $850,000.

From Rocket Homes Real Estate and based on county public records data.

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